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Legal Funding Provided by AnyLawsuits

Sponsored Post

I’ve seen companies that buy legal claims, in fact that’s a pretty common practice. And I’ve heard of companies who buy out structured settlements, providing people with a lump sum all at once. But AnyLawsuits.com provides an interesting type of legal funding.

AnyLawsuits will give you a loan while your case is pending. Then when your case is settled or decided in your favor, AnyLawsuits gets paid back. This gives you money up front to help cover bills and expenses, but it enables you to still own your claim and possibly collect more money.

The process is quite simple. First, fill out the simple form on AnyLawsuits’ website. They contact you about your case, and (with your permission) they will discuss it with your attorney. Based on your case and the probability of a favorable disposition, you get a loan within 48 hours. You don’t pay anything until your case is decided (or settled) in your favor. At that point, AnyLawsuits automatically gets its money back from your award. If you don’t prevail, you owe nothing to AnyLawsuits.

This appears to be a novel method of legal funding. It could definitely help people out of critical binds while they’re waiting for their claims to be decided. And it’s good that the people don’t owe anything if they don’t recover. This is quite fascinating.

[tags]settlement, lawsuit loan[/tags]

>>If you need legal help, feel free to call Andrew: (540) 318-5824.

What next?

August 12, 2007 by Andrew Flusche

Comments

2 Responses to “Legal Funding Provided by AnyLawsuits”

Jack Payne
August 15th, 2007

Don’t owe anything, if no recovery? Novel service, but it’s hard to believe that failures would be “off the hook.” Must be either one of two things, a sky-high interest rate, or some kind of transparent, omniscient magic ball that can confidently predict that there will be recovery.

If adequate explanations can be rendered it’s hard to see how anybody could miss with this kind of service.
Andrew Flusche
August 15th, 2007

Hi Jack,

My guess is that it’s a combination of a high interest rate, combined with a good estimate of your actual recovery chances. It’s similar to the way contingent fees work - attorneys get good enough to balance the risks and ensure they are bringing in more money than they’re spending on the losers.

Andrew